Funding you earn now, next payment 08:00 UTC−0.0560%/8h= −61.3% APRnext payment −$5.60 per $10,000 · paid last 24h −0.049%
Price spread now: Bitget against OKX−0.011%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.011%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.309% in total (about -16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BMNR-USDT-SWAP | 27.560 | 0 | get 0.0000% / 8h | 38m 18s | $3.5M | $4.1M | 20x |
| Short | Bitget BMNRUSDT | 27.557 | −0.0560 | pay 0.0560% / 8h | 38m 18s | $1.8M | $1.3M | 20x |
OKX BMNR-USDT-SWAP
Bitget BMNRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$117.6
- Price spread: −0.011% → −0.011%
- $0
- Slippage, 4 orders
- −$85.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$225.25
- Costs to cover
- 1.076%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 1.81 bp | 15.7 bp −$16 | 126.0 bp −$1,260 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.90 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
BMNR on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDTshort | −0.0560% | 8h | 27.557 | −0.011% | $1.8M | $1.3M | 20x | |
| tradeXYZ xyz:BMNR | −0.0401% | 1h | 27.499 | −0.221% | $811K | $1.6M | 10x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.516 | −0.160% | $47K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 27.519 | −0.149% | $58K | $357K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 27.524 | −0.132% | $21.6M | $51.6M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 27.528 | −0.116% | $3.2M | $1.9M | 25x | as long as short |
| OKX BMNR-USDT-SWAPlong | 0.0000% | 8h | 27.560 | long leg | $3.5M | $4.1M | 20x | |
| Gate BMNR_USDT | 0.0000% | 8h | 27.540 | −0.073% | $4.1M | $8.5M | 50x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 27.580 | +0.071% | $213K | $607K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 27.589 | +0.104% | $5K | $185K | 10x | as long as short |
tradeXYZ xyz:BMNR
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
Gate BMNR_USDT
Variational Omni BMNR
GRVT BMNR_USDT_PerpShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BMNR-USDT | 0.0000% | 8h | 27.550 | −0.036% | $1K | $818K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 27.546 | −0.051% | $5K | $40K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 27.560 | 0.000% | $1.6M | $1.5M | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0004% | 1h | 27.510 | −0.181% | — | $36K | 25x | as long as short |
| QFEX BMNR-USD | +0.0010% | 1h | 27.530 | −0.109% | $1.2M | $1.0M | 10x | as long as short |
| BloFin BMNR-USDT | +0.0014% | 8h | 27.620 | +0.218% | $207K | $54K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 27.560 | 0.000% | $344K | $50K | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.610 | +0.181% | $36K | $14K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 27.530 | −0.109% | $671K | $707K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 27.580 | +0.073% | $24K | $29K | 50x | as long as short |
SunX BMNR-USDT
HTX BMNR-USDT
Phemex BMNRUSDT
Vest BMNR-USD-PERP
QFEX BMNR-USD
BloFin BMNR-USDT
Lighter BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT